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REF_HKI3228

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London Lease Option

ILFORD, ESSEX
1 BEDROOM SECOND FLOOR APARTMENT 
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Option Price:

Term:

Option Deposit :

Option Payments:

NET Profit (PCM):

EST. NET PROFIT PA: 

YIELD:

£240,000

10 Years

£40,000

£300

£668

£8016

6%

Hotkey Invest are proud to present this 1 bedroom property  in the enviable location of Ilford, Essex.

The option to purchase is set over 10 years, which allows you to secure the properties at today’s option price without finance for the option term. This enables you to benefit from potential capital growth as well as surplus rental income during the term.​

We are pleased to present this spacious second-floor, one bedroom apartment in this gated development in Ilford.

Comprising a spacious lounge and open plan kitchen,  double doors leading from the lounge to the balcony, a double bedroom with a fitted wardrobe and a bathroom with a window.

The property also has access to a private parking space

This spacious apartment is located within walking distance of Ilford Station (Crossrail - Zone 4), giving easy access to Stratford and Liverpool Street.

Surrounded by a variety of amenities such as local shops, restaurants, places of worship and fantastic transport links.

The property is currently tenanted paying £1100, however this is due an increase to bring in line with the current rental market circa £1350pcm

Council tax: Band B

EPC: D

Head lease: 102 years 

Ground Rent: £350PA 

Service Charge £1588PA

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KEY FEATURES

 

1 Bedroom  

Balcony

City Location 

Crossrail - Zone4

486 square feet

10 year term 

Tenanted 

Private parking

DUE DILIGENCE

ILFORD

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FINANCIALS

(based on single family let)

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We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

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Hotkey Invest
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property investment strategy.
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Hotkey Invest's Registered office,
44-46 High Street, Wem, Shrewsbury, SY4 5DG
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.
Disclaimer
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